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Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

2012

Library and Information Science

Purdue University

Allocation formula

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Full-Text Articles in Social and Behavioral Sciences

Adapting To Scarcity: Developing An Integrated Allocation Formula, George Stachokas, Tim Gritten Dec 2012

Adapting To Scarcity: Developing An Integrated Allocation Formula, George Stachokas, Tim Gritten

Libraries Faculty and Staff Scholarship and Research

Rising costs for library materials and shrinking budgets make it more necessary than ever for academic libraries to target their scarce resources to meet the specific needs of academic programs. The authors surveyed other institutions to determine current practices in the allocation of library materials funds in different formats. The results of our survey were inconclusive, which led us to combine monographs and continuations in a single allocation formula. By crafting an allocation formula for both monographs and continuations in print and electronic format, the Cunningham Memorial Library at Indiana State University hopes to satisfy the growing demand for information …